Interim report
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Boule Interim report July - September 2021 Continued growth for all products Quarter July - September 2021 ▸ Net sales amounted to SEK 111.8 ( 98.8 ) million , an increase of 13.2 percent . After adjustment for currency effects , the increase is 14.6 percent . ► The number of instruments sold amounted to 996 ( 737 ) , an increase of 35 percent . ► Cash flow from operating activities amounted to SEK 10.6 ( 17.8 ) million . ▸ Operating profit was SEK 13.0 ( 23.5 ) million , corresponding to an operating margin of 11.7 ( 23.7 ) percent . Operating profit last year included conversion of government grants regarding payroll protection loan ( SEK 11.6 million ) . ► Profit after tax amounted to SEK 7.1 ( 20.2 ) million . ► Basic and diluted earnings per share amounted to SEK 0.37 ( 1.04 ) . Key figures Jul - Sep 2021 Jul - Sep 2020 Jan - Sep 2021 Jan - Sep 2020 Oct 20 - Sep 21 ( R12 ) Oct 19 - Sep 20 ( R12 ) Sales growth , % 13.2 -24.7 5.0 -16.7 -4.9 -8.1 Net sales , SEK million 111.8 98.8 323.1 307.8 415.7 437.1 Gross margin , % 44.7 46.4 43.6 44.8 43.3 44.8 Operating profit ( EBIT ) , SEK million 13.0 23.5 22.2 35.7 -19.5 50.9 Operating margin ( EBIT ) , % 11.7 23.7 6.9 11.6 -4.7 11.6 Profit after tax , SEK million 7.1 20.2 6.0 -15.4 -26.6 -8.2 Net debt , SEK million 6.5 -4.5 6.5 -4.5 6.5 -4.5 Return on equity , % 2.7 6.6 2.2 -5.0 -9.8 -2.5 Net debt / EBIT ( R12 ) , times -0.3 -0.1 -0.3 -0.1 -0.3 -0.1 Diluted earnings per share , SEK 0.37 1.04 0.31 -0.79 -0.33 -0.42 Net sales ( R12 ) and EBIT ( R12 ) Net sales 600 500 400 300 200 100 80 60 40 20 100 0 -20 Q3 2019 Q4 2019 Q1 2020 Q2 2020 Net sales , SEK million Q3 2020 Q4 2020 Q1 2021 Q2 2021 Q3 2021 EBIT , SEK million Q4 2020 incl . a write - down of intangible assets of SEK 40 million . 1 EBIT